US Treasury Secretary Scott Bessent has declared an “economic D-Day” against Iran, saying Washington will use its full range of powers to sever Tehrans economic lifelines. Iran has threatened to halt oil exports through the Strait of Hormuz and called participation in the US campaign an act of war, escalating tensions.

The Trump administration is intensifying economic pressure on Iran amid a protracted war. This strategy aims to force Tehran's capitulation on its nuclear program and the Strait…

Treasury Secretary Scott Bessent announces Economic D-Day against Iran, unveiling what he calls the toughest sanctions in history to sever all